Starting with the Oracle Database 21c release, an application can change its database passwords without an administrator having to schedule downtime. To accomplish this, a database administrator can associate a profile having a non-zero limit for the PASSWORD_ROLLOVER_TIME password profile parameter, new with this release, with an application schema. This allows the database password of the application used to be altered while allowing the older password to remain valid for the time specified by the PASSWORD_ROLLOVER_TIME limit. During the rollover period of time, the application instance can use either the old password or the new password to connect to the database server. When the rollover time expires, only the new password is allowed. It is an Oracle 21c feature backported to Oracle 19.12 RU.

Check out:

https://docs.oracle.com/en/database/oracle/oracle-database/21/dbseg/configuring-authentication.html#GUID-ACBA8DAE-C5B4-4811-A31D-53B97C50249B

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